Anti-fraud tech firm Featurespace has introduced TallierLTM, which it describes as the first artificial intelligence (AI) “large transaction model.” The new tool, announced Tuesday (Oct. 24), is the industry’s first generative large transaction model (LTM), designed to offer a significant improvement when it comes to differentiating between genuine consumers...
In financial services, you can’t fight the bad guys until you know what weapons they’re bringing to the battle. And how they’re mounting their attacks. Easier said than done, where financial institutions (FIs) are grappling with the waves of bots, account compromises and synthetic IDs....
November 20, 2024
The fraudsters come in droves, inundating would-be victims across all manner of attack vectors, from phishing scams to bots. And in the process there’s a significant amount of information being thrown at banks and consumers across digital channels, said David Excell, founder of Featurespace, in an interview with PYMNTS. “And we often don’t have a […]
November 20, 2024
The fraudsters come in droves, inundating would-be victims across all manner of attack vectors, from phishing scams to bots. And in the process there’s a significant amount of information being thrown at banks and consumers across digital channels, said David Excell, founder of Featurespace, in an interview with PYMNTS. “And we often don’t have a […]
October 24, 2023
Anti-fraud tech firm Featurespace has introduced TallierLTM, which it describes as the first artificial intelligence (AI) “large transaction model.” The new tool, announced Tuesday (Oct. 24), is the industry’s first generative large transaction model...